Freehold Residential Land In Braddell Heights Estate On Sale For $1,000 Psf
Two next-door, freehold residential pieces of land at Vaughan Road in Braddell Heights Estate have actually gotten offered through EOI along with a lead figure of $1,000 psf, announced marketing and advertising agent Knight Frank Singapore.
Relishing a 24m frontage to Vaughan Road, the dead end area in District thirteen is at present inhabited by 2 massive semi-detached residences also comes with a shared land area of 12.294K square ft.
Knight Frank considered that interested clients can absolutely build enhancements and adjustments to the present residences or redevelop the location in to two linked-bungalows or separated residences. It further mentioned that multi-generation households may similarly be developed on the area.
“The interest for landed properties in District thirteen has stood firm as this is a matured home neighbourhood with easy connectivity to services, top institutions, shopping malls along with the neighboring Serangoon MRT Interchange Terminal,” mentioned Ms Mary Sai, ED, Capital Markets for Land & Building, C&SS, Knight Frank S’pore.
The expression of interest exercise for the ground ceases on 29 April.
Urban Redevelopment Authority files revealed that rates of landed homes dropped 1.6percent quarter-on-quarter during the 4th quarter of 2020, however went up 1.2% for the full 2020.
Hires for this kind of properties, conversely, increased 0.7percent q-o-q in 4th quarter 2K20. For the entire of ’20, hires for landed houses decreased 2.7%.
URA is fixed to issue its flash judgments of the quarterly rate index for private house on 1 April and the upcoming every quarter property market updates on 23Apr.